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Al Abdullatif Industrial Investment Company SJSC Company Snapshot
Al Abdullatif Industrial Investment Company SJSC Formerly known as Al Alabdullatif Industrial. Al Abdullatif Industrial Investment Company SJSC is a Saudi Arabia-based company that specializes in the manufacture and distribution of carpets, blankets and rugs; the production of intermediate products, such as polyester, acrylic, polypropylene and nylon threads; carpet and moquette linings; colored dyes, and paper tubes. The Company operates in two segments: Production of carpet, rugs and other accessories, and Production of blankets. The Company's products include Tufted carpets, such as polyester tufted carpet, nylon tufted carpet, polypropylene tufted carpet, acrylic tufted carpet, 80/20 wool/nylon tufted carpet and grass tufted carpet; Woven carpets include polypropylene Billion Cubic Feet (BCF) carpet, polypropylene heatset carpet, acrylic carpet, viscose carpet and shaggy carpet, among others, and Non-woven carpets. The Company operates through its subsidiaries, and tufting and weaving plants.

Sales Analysis. Al Abdullatif Industrial Investment Company SJSC reported sales of 621.19 million Saudi Riyals (US$165.61 million) for the year ending December of 2018. This represents a decrease of 7.1% versus 2017, when the company's sales were 668.41 million Saudi Riyals. Contributing to the drop in overall sales was the 8.5% decline in Carpets, from 610.58 million Saudi Riyals to 558.46 million Saudi Riyals. . However, these declines were partially offset by the increase in sales of Quilts (up 8.5% to 62.73 million Saudi Riyals) .
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Al Abdullatif Industrial Investment Company SJSC
  Stock Performance Chart for Al Abdullatif Industrial Investment Company SJSC
  Stock Data: Recent Stock Performance:
  Current Price (2/20/2020): 12.90
(Figures in Saudi Riyals)
1 Week 3.2%   13 Weeks -2.1%  
4 Weeks 19.4%   52 Weeks 12.0%  
Al Abdullatif Industrial Investment Company SJSC Key Data:
  Ticker: 2340 Country: Saudi Arabia
  Exchanges: Major Industry: Consumer Durables & Apparel
    Sub Industry: Carpets & Rugs
  2018 Sales 621,190,000
(Year Ending Jan 2019).
Employees: N/A
  Currency: Saudi Riyals Market Cap: 1,048,125,000
  Fiscal Yr Ends: December Shares Outstanding: 81,250,000
  Share Type: Ordinary Closely Held Shares: 53,625,000
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